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Google owner Alphabet to sell $80bn in stock to fund AI spending spree
Alphabet, Google's parent company, plans to raise up to $80bn in equity to fund AI infrastructure investments. The fundraising includes a $10bn share sale to Berkshire Hathaway, a US investment group.
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Adjacent reporting
- Google owner Alphabet to sell $80bn in stock to fund AI spending spree
- Alphabet to sell $80bn in stock to fund AI infrastructure spending spree
- Google parent Alphabet to sell $80bn in stock to fund AI plans
- Alphabet plans to raise $80 billion to pay for AI buildout
- Alphabet plans $80 billion stock sale as AI spending surges
- Alphabet plans to raise $80 billion from stock sales to fund AI buildout